Invesco CurrencyShares Japanese Yen Trust
FXY
54 hedge funds and large institutions have $263M invested in Invesco CurrencyShares Japanese Yen Trust in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 4 closing their positions.
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
50% more funds holding
Funds holding: 36 → 54 (+18)
19% more capital invested
Capital invested by funds: $221M → $263M (+$41.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
28.24% less ownership
Funds ownership: 122.21% → 93.97% (-28%)
53% less call options, than puts
Call options by funds: $90.7M | Put options by funds: $193M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$66.7M |
| 2 |
Citigroup
New York
|
+$21.2M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$5.05M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.75M |
| 5 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$44.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$27.7M |
| 3 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$9.21M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.1M |
| 5 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$4.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMII
51
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $5K | -$29.5K | -350 | -86% |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5K | -$926 | -11 | -15% |
|
|
MFS
53
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
ACM
54
Argentus Capital Management
Dallas,
Texas
| – | -$4.63M | -57,398 | Closed |
|
|
VF
55
Virtu Financial
New York
| – | -$3.88M | -48,173 | Closed |
|
|
FSA
56
Financial Sense Advisors
San Diego,
California
| – | -$496K | -6,150 | Closed |
|
57
Parallax Volatility Advisers
San Francisco,
California
| – | -$463K | -5,496 | -100% |
|
|
AA
58
Apriem Advisors
Irvine,
California
| – | -$101K | -1,250 | Closed |
|
FXY Hedge Fund Activity: Q1 2016 in Review
54 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q1 2016, worth a combined $263M — up 19% from $221M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FXY positions and 4 closed out — a net gain of 18 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $66.7M. The largest seller was Barclays, cutting an estimated $44.2M.
- 54 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q1 2016, up from 36 in Q4 2015.
- Funds reported $263M of Invesco CurrencyShares Japanese Yen Trust stock for Q1 2016, up 19% quarter-over-quarter.
- 22 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q1 2016 and 4 closed out, a net change of +18 holders.
- The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q1 2016 was AssetMark Inc, an estimated $66.7M added.
- The largest Invesco CurrencyShares Japanese Yen Trust seller in Q1 2016 was Barclays, an estimated $44.2M sold.
Based on aggregated 13F filings for Q1 2016.